Walker & Dunlop continues to advance its lending operations, launching a new digital lending platform powered by machine learning to grow its small scale multi-family business.
Walker & Dunlop says its small scale technology platform can generate quotes in minutes using predictive algorithms and real estate cash flow. It also uses proprietary data on rents, expenses and real-time sales comparables to perform interest rate and property value calculations.
“Multi-family investors want a faster, more seamless borrowing experience,” Walker & Dunlop Senior Vice President and Chief Production Officer Alison Williams, said in prepared remarks. “We’ve created a more efficient process for investors to review financing options, tailor them to their project needs, and monitor the lending process with much more transparency.—all through our bespoke technology.
This is the latest addition to the company’s roster of offerings, having acquired TapCap as well as Allied capital These last months. Another recent move: Walker & Dunlop Investment Partners in partnership with Ivanhoé Cambridgea Canadian real estate company with assets around the world, to form a programmatic joint venture.